News/LPs
PE professionals struggling to meet higher GP commitments - survey
Trend is driven partly by an increase in fund size, but also LPs demanding more skin in the game
Ex-HQ Capital CEO moves to Schroders
Based in London and Frankfurt, Wunderlin will report to group chief executive Peter Harrison
Italian journalists' fund seeks VC opportunities
The National Institute for Italian Journalists' Social Security (INPGI) has launched a tender notice seeking closed-ended venture capital and growth capital funds to invest in.
Tesi to invest €75m in circular economy initiatives
Tesi’s fund-of-funds programme makes 5-10 investments per year, totalling €100-150m
Storebrand buys Cubera Private Equity
Purchase price may increase in connection with the raising of capital for new funds
Private investor platform Truffle Invest offers first PE fund
Platform launched in September last year and has already backed a VC fund with private funds
ATP records loss despite strong PE returns
DKK 785bn fund’s performance took a hit from investments in the global equity markets
Adams Street hires de Beau for primary investments team
Responsibilities include managing private equity fund manager relationships throughout Europe
SEB Investment Management appoints new CEO
Ragnartz joins from pension company AMF, where she worked as head of asset management
Ex-AP6 exec Erik Nobel launches LLCP Stockholm office
Erik Nobel is in charge of establishing and managing the newly established office in Stockholm
Fondazione Enasarco seeks new CIO
Unquote understands that Enasarco is seeking an external candidate to fill in the position
OIC set to commit to Blackstone fund
One third of the fund would be allocated to Western Europe and Asia, but it invests primarily in North America
Private equity drives returns for ABP
Private equity has been the best performing asset class though the year, followed by infrastructure
Los Angeles pension fund backs Lexington
California based pension fund has 4% of its portfolio invested in private equity as of June 2018
Eurazeo sells stake in Capzanine to Axa in €82m deal
Axa France recommits having backed Capzanine since 2015; Axa IM is a new backer
Miami pension plan backs three PE funds
$1.5bn Trust has invested 4.8% of its portfolio in private equity as of September 2018
Industrien Pension's Struve resigns for new venture
Struve announces he is leaving on 1 February to launch Unified Investors
Axon brings in Aberdeen's Gilmore as new partner
Gilmore is expected to ramp up Axon’s placement capabilities and secondary transaction services
Dutch managers collaborate on PE co-investment platform
Three LPs seek to achieve economies of scale and cost benefits from this partnership
Partners Group private equity AUM hits €36bn
Across all the private markets the GP secured €13.3bn in new money, resulting in AUM of €72.8bn
EBRD appoints new regional director for Romania, Bulgaria
Mark Davis joined the bank in 2013 as head of Armenia, after stints at Morgan Stanley and Goldman Sachs
Franklin Templeton appoints new head of EMEA alternative sales
Szemere is in charge of growing Franklin Templeton’s alternative business in the EMEA region
Pantheon opens Dublin office
Pantheon Ireland is ready to assume the role of EU AIFM and investment manager for the firm's funds
Partners Group promotes five to partner
Asset manager promotes five team members to partner, and another five to managing director
